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Reply to "What is your income to allow one parent to stay at home?"
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[quote=Anonymous]I work very part time during the school year (only make about $10,000) and my DH currently makes $120,000. I was at home full time for 7 years. I can't remember what his salary was when I quit working. We live in the Alexandria section of Fairfax County. We bought our home (4 bedroom, 2000 sq foot home built in 1960) in 1998 for $220,000 so our PTI is only $1500 a month. When I started staying at home, we had a two year old and were expecting baby #2. Three years later, we had baby #3 and had to buy a new minivan. Very stripped down, base model mini van. Its now 10 years old and we have no plans to buy anything soon - it runs but doesn't look pretty. Kids go to public school. DH is maxing out his 401K. Luckily, we have a family member who puts money into 529's for our kids. We pretty much live paycheck to paycheck (although we do have an emergency fund.) But I wouldn't change anything. We don't take fancy vacations. Some years we haven't done any vacation. I rarely buy myself new clothes, but I don't need them because I don't work in an office where i need to get dressed up. We do eat out occasionally, but because I'm home a majority of the time, I usually cook from scratch. I do get envious sometimes when friends are going on fancy vacations, or to the latest, trendy restaurant, or when a girlfriend is dressed in an expensive outfit. But our priorities are in having a parent at home when the kids are at home - in the morning until 8:45am, in the afternoon at 3:00pm, during spring break, winter break, summer, etc. [/quote]
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